Georgia River Property
Narrow quartz veins with pyrite, pyrrhotite, galena, sphalerite, chalcopyrite, arsenopyrite and electrum (gold-silver alloy) occur along northerly trending fault zones. Marked gold enrichment with an increase in quartz veining occurs along the northerly shears in areas associated with their intersection with earlier northwest veins. To date, a total of 18 vein systems have been discovered on the property of which 8 are wide NW trending quartz veins and 8 are later northerly trending gold bearing veins. Of the identified eight north trending veins, only one, called the Southwest vein has been explored to any great extent. Within it, there are 3 main zones (called Zone 1, 2 and 3) of gold bearing quartz veins where it intersects the earlier quartz veins. To date, only 1 of the above gold bearing zones along the Southwest vein has been explored in detail. The Southwest vein has been exposed by trenching and drilling for a strike length of at least 595 m over a vertical distance of at least 258 m. It has also been explored by two adits 85 metres apart topographically; the No. 1 level has been drifted along 47.8 m of the vein while the No. 2 has drifted for 155.5 m along the vein. From a small stope on the No 2 level, a total of 454 tonnes were mined and milled in 1937, yielding 10,200 grams Au, 12,705 grams Ag and 3312 kg Pb at an average grade of 22.56 g/t Au, 28.11 g/t Ag and 0.73 % Pb.
Based on underground sampling of the No 1 and 2 levels, surface trenching and 95 surface drill holes, a resource was calculated for the property. The reported total combined resources at Georgia River include 290,272 tonnes grading 28.7 grams per tonne gold. (BC Minfile report). The resource is non 43-101 compliant and has not been verified by the Company. E Kruchkowski, President of the Company performed most of the exploration work from 1980 to 1989 on the property and can verify on the validity of the obtained data in that period.
Highlights of past drilling include:
- 13.53 g/t over 2.98m in DDH-20-11
- 69.49 g/t over 2.44 m in DDH-GM-20
The Company plans a drill program in 2018.